Streetbeat News

Dividends

FAF

First American Financial (FAF) has announced a 2% increase in its quarterly cash dividend from $0.52 to $0.53 per share. The dividend will be payable on September 15, 2023, to shareholders of record as of September 8, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 9:05 pm

AAPL

BRK

The article emphasizes the importance of a buy-and-hold strategy in investing, highlighting the significant dividends that can be earned. It mentions that Apple Inc has paid $645M in dividends to Warren Buffett’s Berkshire Hathaway Inc this year. Other notable dividend earners include Ray Dalio's Bridgewater Associates, Bill Ackman's Pershing Square Capital, and David Tepper's Appaloosa Management.

Portfolio Pulse from AJ Fabino

August 22, 2023 | 8:30 pm

ATRI

Atrion Corporation (NASDAQ:ATRI) has announced an increase in its quarterly cash dividend from $2.15 per share to $2.20 per share. The dividend will be payable on September 29, 2023, to stockholders of record at the close of business on September 15, 2023.

Portfolio Pulse from Happy Mohamed

August 22, 2023 | 6:45 pm

IRM

RBC Capital Market analyst Jonathan Atkin has upgraded the rating on Iron Mountain Inc (NYSE:IRM) to Outperform from Sector Perform, with an increased price target of $68 from $58. The upgrade reflects Q2 results, roll-forward impacts in the updated model, and less conservative valuation metrics. Iron Mountain reported Q2 revenue growth of 5% YoY to $1.36 billion, beating consensus estimates. The board declared a quarterly cash dividend of $0.65 per share, a 5% increase. The analyst raised the estimates for FY23 and FY24 revenue and AFFO per share.

Portfolio Pulse from Lekha Gupta

August 22, 2023 | 6:35 pm

APA

WDS

APA (NASDAQ:APA) is set to deliver a dividend payout of $0.25 per share, equating to an annualized dividend yield of 2.99%. The company's dividend payout went ex-dividend on July 20, 2023. The company's dividend per share has declined from $1.00 in 2019 to $0.75 in 2022, while its earnings per share have increased from $0.23 to $7.55 over the same period. APA's dividend yield is in the middle of its industry peers, with Woodside Energy Group (NYSE:WDS) having the highest annualized dividend yield at 10.19%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 3:05 pm

AIZ

Assurant (NYSE:AIZ) has announced a quarterly dividend of 70 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 70 cents lower than usual. Shareholders who own AIZ as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 18, 2023.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:45 pm

HVT

Haverty Furniture Cos (NYSE:HVT) has announced a quarterly dividend of 30 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders who own HVT as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 13, 2023.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:45 pm

NOC

Northrop Grumman (NYSE:NOC) has announced a quarterly dividend of $1.87 per share. The stock will go ex-dividend on Friday, meaning it will likely open $1.87 lower than usual. Shareholders who own NOC as of the end of Thursday's session will be eligible to receive the dividend, which will be paid out on September 13, 2023.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:45 pm

LYTS

LSI Industries (NASDAQ:LYTS) announced it will pay a quarterly dividend of 5 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 5 cents lower. Shareholders owning LYTS as of the end of Thursday's session will be eligible for the dividend, which will be paid out on September 05, 2023.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:45 pm

MUSA

Murphy USA (NYSE:MUSA) has announced a quarterly dividend of 39 cents per share. The stock will go ex-dividend on Friday, meaning it will likely open 39 cents lower. Shareholders who own MUSA as of the end of Thursday's session are eligible to receive the dividend, which will be paid out on September 07, 2023.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 2:45 pm